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Soft currency

A currency of a nation in which exchange may be made with difficulty. Countries with soft currencies typically have limited exchange reserves so that their currency is generally considered to be high risk.

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Software licence contract.

Under this contract the owner of the exploitation rights on a computer programme (Licensor), authorises a third party (Licensee) to use same, in return for a price. The main characteristic is that the Licensor continues to retain ownership of the…

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